tag:blogger.com,1999:blog-5557239466418143842.post7913633522911106930..comments2023-09-25T07:49:28.498+05:30Comments on Life IS: Indian E-Commerce & CODVMhttp://www.blogger.com/profile/03536550301022425916noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5557239466418143842.post-89563220082679960282012-12-13T00:49:40.563+05:302012-12-13T00:49:40.563+05:30There seems a very good reason for the Trust that ...There seems a very good reason for the Trust that has been built up by the Customer and Seller , in terms of Cash Payment over the Counters. You are right in pointing out the "Indian consumer seems to be looking for assurance of delivery - as promised."samhttps://www.blogger.com/profile/16126718895586776981noreply@blogger.comtag:blogger.com,1999:blog-5557239466418143842.post-9045297041009782302012-08-28T14:46:30.081+05:302012-08-28T14:46:30.081+05:30Thanks for your views Raj.
Initially (much before...Thanks for your views Raj.<br /><br />Initially (much before the current wave of e-commerce start ups) etailers started offering the COD option to be able to penetrate rural markets where Credit or Debit Card ownership was minimal. Today it's sort of become a norm with most.<br /><br />Frankly Credit & Debit Card payment option are very well suited for e-commerce and are most used too. Cash / Prepaid cards and Virtual internet only cards are other options that are in use.<br /><br />VMVMhttps://www.blogger.com/profile/03536550301022425916noreply@blogger.comtag:blogger.com,1999:blog-5557239466418143842.post-19530968141064068892012-08-27T19:49:15.196+05:302012-08-27T19:49:15.196+05:30Is COD merely a payment by cash or something more?...Is COD merely a payment by cash or something more? If it is just a payment option then why not collect in advance through cash deposit banks or through Angadias? <br /><br />Indian consumer seems to be looking for assurance of delivery - as promised. Paying upfront just takes away all the buying power from the consumer. <br /><br />Considering that most of the current online purchases are impulsive, buyers expect instant delivery or the option to back out. <br /><br />COD has certainly brought volumes but to truly bring profits we need a payment mechanism that is as easy as cash and as powerful as COD! <br /><br />Any ideas?<br /><br />Raj RaoDa Counselorhttps://www.blogger.com/profile/01463924358280700277noreply@blogger.com